Amazon buys Twitch for $970M, pushes into video streaming market: "Twitch started life in 2011 as an offshoot of former live Internet broadcast site Justin.tv, itself cofounded by Shear in 2007, and was recently rumored to be in acquisition talks with Google and Yahoo. Over the past three years, Twitch has amassed a huge following that the company recently pegged at 55 million active users. "This is cool but it's relatively easy for YouTube to add this functionality.
2014-08-27
Amazon buys Twitch for $970M, pushes into video streaming market
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